TPG Advisors LLC Boosts Position in VanEck Morningstar Wide Moat ETF $MOAT

TPG Advisors LLC boosted its holdings in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 1.8% during the second quarter, HoldingsChannel reports. The fund owned 89,774 shares of the company’s stock after purchasing an additional 1,591 shares during the quarter. VanEck Morningstar Wide Moat ETF comprises 6.1% of TPG Advisors LLC’s holdings, making the stock its 4th largest position. TPG Advisors LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $8,420,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in MOAT. Garrison Bradford & Associates Inc. bought a new stake in shares of VanEck Morningstar Wide Moat ETF in the 1st quarter valued at $26,000. N.E.W. Advisory Services LLC bought a new stake in shares of VanEck Morningstar Wide Moat ETF in the 1st quarter valued at $26,000. Keystone Global Partners LLC bought a new stake in shares of VanEck Morningstar Wide Moat ETF in the 2nd quarter valued at $28,000. Financial Gravity Asset Management Inc. bought a new stake in shares of VanEck Morningstar Wide Moat ETF in the 1st quarter valued at $29,000. Finally, Golden State Wealth Management LLC boosted its stake in shares of VanEck Morningstar Wide Moat ETF by 100.0% in the 1st quarter. Golden State Wealth Management LLC now owns 408 shares of the company’s stock valued at $36,000 after purchasing an additional 204 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Stock Performance

BATS:MOAT opened at $100.51 on Thursday. The firm’s fifty day moving average is $98.00 and its 200-day moving average is $92.29. VanEck Morningstar Wide Moat ETF has a 52 week low of $75.43 and a 52 week high of $99.41. The firm has a market cap of $13.57 billion, a P/E ratio of 22.53 and a beta of 1.02.

About VanEck Morningstar Wide Moat ETF

The VanEck Morningstar Wide Moat ETF (MOAT) is an exchange-traded fund that is based on the Morningstar Wide Moat Focus 20 index. The fund tracks a staggered, equal-weighted index of 40 US companies that Morningstar determines to have the highest fair value among firms with a sustainable competitive advantage.